- Group revenue reached
856.7 million for the three months ended 31 March 2026, representing a 6.1% year‑on‑year increase, driven by growth in domestic operations and higher contribution from the Zain Group. - Group EBITDA increased by 4.9% YoY to
268.5 million, supported mainly by higher EBITDA contribution from Zain Group and a stable EBITDA at Domestic level. - Group net profit attributable to Omantel shareholders increased by 22.9% YoY to
20.9 million, primarily driven by improved profitability from the Zain Group.
Muscat, Oman – Oman Telecommunications Company ("Omantel" or the "Company") (MSX: OTEL), the leading integrated telecommunications and technology provider in the Sultanate of Oman, today announced its financial and operating results for the first quarter ended 31 March 2026, reporting year-on-year growth in revenue, EBITDA and net profit. The Group's performance was supported by resilient domestic operations and a stronger contribution from Zain Group.
Chairman Quote
Qais Saud Al Zakwani– Chairman of the Board of Directors for of Omantel
Reflecting on the first-quarter performance, Qais Al-Zakwani, Chairman of the Board of Directors for Omantel, noted that the first quarter of 2026 represented an important phase of preparation for the Group's upcoming transformation journey, as the Company works to lay the foundations for the next stage of its growth and transformation.
Al-Zakwani explained that while domestic performance reflects this transitional phase, Zain Group continued to make positive contributions to Omantel Group's consolidated results, reaffirming the value created by Omantel's diversified investment portfolio.
He further noted that the launch of OTech represents a pivotal step in strengthening Omantel’s technological capabilities and opens new horizons for value creation, in alignment with the targets of the Company's strategy. He expressed his confidence in the Company's path forward, supported by the resilience of its core operations and the commitment of its people.
CEO Quote
Aladdin Abdullah Baitfadhil - Chief Executive Officer of Omantel
Commenting on the results, Aladdin Abdullah Baitfadhil, Chief Executive Officer of Omantel, said that the Company's diversified portfolio and disciplined strategic execution enabled Omantel to deliver a strong start to the year despite ongoing economic and regional uncertainty. He noted that growth across revenue, EBITDA and net profit reflects sustained momentum in fixed broadband and wholesale services, the improving performance of Zain Group, and the continued progress of ZOI together with Zain Group.
He added that the launch of OTech, bringing Oman Data Park and Tadoom together under a unified technology platform, marks a key step in strengthening the Compani's technology capabilities, reinforcing Omantel's market leadership, and enabling its long-term growth plans. Continued investment in fiber, 5G and emerging technologies, he noted, further strengthens Omantel's role in driving the Sultanate's digital transformation.
Q1 2026 Operating and Strategic Highlights
New Board and Chairman Appointed:
Following the conclusion of the previous Board's term, a new Board of Directors was appointed in Q1 2026,
including changes to its composition and the election of Mr Qais Al-Zakwani as Chairman of Omantel.
OTech Launched as Unified Technology Platform:
Omantel advanced national digital priorities through the launch of OTech, Omantel's unified technology platform consolidating its ICT capabilities under one umbrella.
Source: Omantel Press Release
